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Description: PLEASE NOTE: This unit is for investor purchasers only - cannot be owner occupied, as per the body corporate.
If you're looking for a "set and forget" style investment that offers an exceptional return of 12.5% gross (or better), then don't delay!! Speak with me ASAP to secure this rare opportunity. This townhouse offers 3 bedrooms, a single bathroom, 2 separate toilets, a separate living and dining area and a sizable kitchen space - a perfect area for multiple tenants to live together harmoniously.
Positioned in a high-demand complex with an active tenant waitlist, this property is a standout, high-yield investment. Operating under rooming agreements, it generates a robust total return of $560 per week ($200 per room is current rate), a strategic leasing structure that significantly reduces the risk of zero income during a single vacancy. Tenants also enjoy access to premium complex amenities, including a swimming pool and common area. Poised to become even more popular following recent market announcements, this asset represents a premier investment opportunity, though all buyers are recommended to consult their financial adviser or planner.
Perfectly situated in the growing suburb of Churchill, the property benefits from a tight rental market and exceptional convenience, sitting within walking distance to the University of Southern Queensland and close to nearby bus stops. The area seamlessly blends a relaxed suburban lifestyle with strong urban connectivity, ensuring long-term tenant appeal.
This unit comes fully furnished for tenants, each room has a bed, office desk and chair - the lounge area has a lounge and TV cabinet, the dining area has a dining table and chairs, the kitchen has basic cutlery.
Contact me for a full buyer information pack!
In brief:
- 3 bedroom, 1 bathroom townhouse
- Separate living and dining area
- Pool & common area in the complex
- $560 p/wk rental return ($180 + $180 + $200)
- $200 p/wk is the current rate for the rooms
- Long waitlist of tenants
- On site manager
- Fully furnished unit
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